What Is the Process of Continuously Measuring System Results, Comparing

question 137

Multiple Choice

What is the process of continuously measuring system results, comparing those results to optimal system performance, and identifying steps and procedures to improve system performance?

• A) Benchmarking
• B) Bottlenecking
• C) Consolidation
• D) Cycle time

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Definitions:

Entrepreneur

An individual who creates, organizes, and operates a business venture, taking on greater than normal financial risks in order to do so.

CEO

The Chief Executive Officer, the highest-ranking executive in a company, responsible for making major corporate decisions.

Standard Components

Generic parts or elements that are widely used in various systems or products, adhering to recognized norms and specifications.

Applications

Software programs designed to perform specific tasks or functions for the user, ranging from productivity tools to games and social media platforms.